Apple is reportedly working on new iPhones that are larger, have curved displays and feature pressure-sensitive sensors.

According to a report from Bloomberg, Apple plans to release 4.7-inch and 5.5-inch iPhone models in the third quarter of 2014. Both versions will reportedly feature curved glass screens (more specifically, the displays will "curve downward at the edges").

Offering various iPhone form factors could be a smart idea for Apple, considering its main competition -- Samsung's Android-powered phones -- sell at many different sizes and price points.

This method is definitely working for Android phones. According to IDC, Google's operating system grabbed 79.3 percent of global Q2 2013 market share while Apple's iOS claimed just 13.2 percent.

Larger iPhone screen mockup by iMore

Apple traditionally kept its iPhones at 3.5 inches, but broke that tradition when it released the iPhone 5 at 4 inches. The most recent members of the iPhone family -- the 5C and 5S -- have kept that 4-inch display.

Bloomberg's report falls in line with another report from The Wall Street Journal back in July, which said Apple was testing larger iPhone screens at 4.7 and 5.7 inches. That WSJ article also mentioned that Apple was testing a 13-inch iPad.

Aside from changing up its display sizes and adding some curves, Bloomberg reported that Apple is also working on new pressure-sensitive sensors. However, these sensors won't be ready in time for next year's iPhone release(s).

The sensors will be able to tell the difference between heavy and light touches on the screen. It's currently in testing.

Apple's fiscal 2013 fourth quarter earnings showed 33.8 million iPhone sales, which beat analyst expectations of 31 million. It's not yet clear how many of those were 5S' and 5Cs, but it definitely beat the year-ago quarter's 26.9 million iPhone sales.